Streetbeat News

Acquisitions Mergers

GMGI

Golden Matrix Group's CEO, Brian Goodman, will discuss the company's Q2 2024 financial results, future outlook, acquisition plans, and dual B2C/B2B model in a live interview on August 21st.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:02 pm

PARA

PARAA

Edgar Bronfman Jr. has raised $5.5 billion to potentially bid for Paramount, indicating a significant interest in acquiring the company. This move could impact Paramount's stock as investors react to the potential acquisition.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:55 pm

NNE

NANO Nuclear Energy has acquired a 14,000 sq. ft. facility for $1.71 million, marking a significant step in its expansion plans.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:49 pm

PLUS

ePlus inc. has acquired Bailiwick Services to enhance its services portfolio across North America. Bailiwick, based near Minneapolis, is a provider of professional and managed services, specializing in IT integration and deployment for enterprise customers in various sectors.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:45 pm

IVP

Inspire Veterinary Partners, Inc. (NASDAQ:IVP) plans to accelerate growth through acquisitions, expanding service offerings, and enhancing operations with AI tools.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:43 pm

ACI

AHOY

KR

PBJ

Kroger has filed a legal motion against the FTC, claiming its merger review process with Albertsons is unconstitutional. The company argues that the FTC's dual tribunal approach violates constitutional protections. The merger, valued at $25 billion, faces antitrust challenges over concerns of higher grocery prices. Kroger is also offering private exchange offers for Albertsons' notes.

Portfolio Pulse from Lekha Gupta

August 20, 2024 | 12:26 pm

DDOG

KKR

NEP

Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He praised KKR & Co. Inc. for its management and recent acquisition of logistics properties. Datadog reported strong financial results but Cramer remains cautious. NextEra Energy Partners also posted strong earnings but Cramer is wary of its dividend.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:14 pm

GMGI

Golden Matrix Group Inc. (GMGI) is set to acquire an 80% controlling interest in Classics for a Cause Pty Ltd for approximately $8.4 million, including an earnout component. This acquisition could enhance GMGI's market position and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:05 pm

ALK

HA

Hawaiian Holdings shares rise as the DOJ's investigation period for its merger with Alaska Airlines expires, moving the deal closer to completion pending U.S. Department of Transportation approval.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:03 pm

MOBX

Mobix Labs has acquired J-Mark Connectors Inc., though the financial terms of the deal were not disclosed. This acquisition could potentially enhance Mobix Labs' product offerings and market reach.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:02 pm